Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Granite Point Mortgage Trust Inc’s current trading price is -51.50% away from its 52-week high, while its distance from the 52-week low is 35.40%. The stock’s price range during this period has varied between $1.61 and $4.49. The company, active in the Real Estate sector, saw a trading volume of around 0.71 million for the day, considerably higher average daily volume of 0.42 million observed over the last three months.
Granite Point Mortgage Trust Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $4.49 on 05/08/24, and the lowest price during the same period was recorded at $1.61 on 04/21/25.
How Financial Performance Impacts Market Capitalization
Granite Point Mortgage Trust Inc (GPMT) has experienced a quarterly decline of -26.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 105.52M and boasts a workforce of 33 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.6400, with a change in price of -1.2600. Similarly, Granite Point Mortgage Trust Inc recorded 409,871 in trading volume during the last 100 days, posting a change of -36.63%.
How GPMT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GPMT stands at 2.38. Similarly, the long-term debt-to-equity ratio is also 0.31.
GPMT Stock Stochastic Average
As of today, the raw stochastic average of Granite Point Mortgage Trust Inc over the past 50 days is 41.45%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 80.28%. Additionally, the Stochastic %K and %D values for the company were 59.91% and 51.11%, respectively, over the past 20 days.
GPMT Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -21.86% this year. Over the last six months, there has been a stronger performance of -26.10%. The price of GPMT fallen by 9.55% during the last 30 days period. For the last 5-days stocks have improved 10.66%.
